grailed fees vs ebay fees

When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. But how exactly do you sell clothing online? Please keep in mind that not all optional listing upgrades are available with every listing tool and not all optional listing upgrades may be displayed across all our sites, services, applications, and tools. Is the partner fee basically the eBay fees when an item sells? Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. For a monthly subscription, you can run your own eBay Store. Since you aren't charging the buyer for shipping or any other costs, $424 is the total amount of the sale (includes 6% sales tax). It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. As competition between all those players heats up, removing selling fees entirely is one way the company is looking to get back on top and stimulate its own internal sneaker economy. You select a starting price of $199, with a Buy It Now price of $400, and you offer free shipping. Even though I've listed items plenty of times, I still make mistakes. For sellers, Grailed feeshave gone up to 9%. See how it works. Heres another we randomly came across, nearly a year after this article was originally written. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. Pros Its even worse considering that they certainly must know that this service doesnt provide any real value and is probably only being provided as a marketing tool and a way for them to justify charging sellers more money. As the authoritative mens clothing marketplace, we know a thing or two about buying and selling, and we ranked the best places across the web to buy and sell sneakersincluding ourselves of course! Getting paid: Youll be notified via email if your item sells, and you can then request a direct deposit payment (which takes three to five business days to process) to your bank account. Those below pay on a sliding scale, with the highest fees reaching 20 percent. There are no fees for shopping or buying on Grailed. Getting paid:Once your sold item is successfully verified by StockXs authentication staff, you can get paid in as soon as 30 minutes if you choose PayPal as your preferred payment method or in a few hours if you choose Venmo. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. For international payments, there is a payment processing fee of 4.99% + .49 USD. Donating your closet castoffs is one option, but you can also try to get a decent return on your sartorial investment by selling your unworn or gently-used merch online. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. StockX will catch most fake items, while Ebay will not, but nor will they ever claim to be able to verify an item as authentic. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Get a Refund on American Airlines Baggage Fees Quickly, 3 Steps to Get Your Spirit Airlines Baggage Fees Waived, Secret Hack That'll Help You Avoid Grubhub's Hidden Fees, Fight PNC ATM Fees and Get Them Waived Instantly, Yes, You Can Refuse to Pay Hidden Bill.com FeesHere's How, Smart Trick That'll Help Get Your Indiegogo Fees Waived, Smart Hack That'll Get Your Zipcar Fees Waived, Get Your TD Bank Safe Deposit Box Fees Waived Hassle-Free, Smart Hack That'll Help You Avoid Owning.com's Hidden Fees, Secret Hack That'll Get Your Gemini Fees Refunded Instantly, What Are Bitcoin Fees and How to Get Them Waived, Dispute Unfair Square Fees and Get Your Money Back Today, How to Pay Your Houston Water Bills Online Hassle-Free, How to Remove My Case From The Internet Instantly, How to Recover Your Forgotten Workday Password Hassle-Free, How to Stay In Touch With Inmates at Clements Unit, Sending Money to an Inmate Has Never Been Easier, the piece you obsess over but cannot ever find or afford. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The fees and benefits vary depending on the type of Store subscription you choose. If so, should I still have to worry about paying my eBay seller fees? See our pages below for more information: Every month, you get up to 250 zero insertion fee listings, or more if you have an eBay Store. What are the seller fees? - Grailed Even if you went an easier route with StockX, they charge 9.5% (or less) and you dont even have to pay to ship your shoes, they provide a label, which means they are definitely cheaper than the Grailed fee as well. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. Consensus: Theres a reason Grailed has such an incredible user retention rate. Then once properly authenticated, the item is shipped and the seller is paid. This article will discuss how you may be able to fight or waive fees when selling on the Grailed marketplace and anywhere else you do business. All Rights Reserved. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of the companys total revenue. Free for many users to make an account, Grailed offers low fees for sellers. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. Grailed by the numbers. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. Selling fees | eBay How it works:Prospective sellers need to fill out an application through GOATs app. If you use the Classified Ad format, scheduling a listing will cost $0.10. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. Sellers who have a lot of brand new inventory are in luck, however anyone with lightly used goods cannot sell at all, and the additional transaction fees mean that checkout price is often considerably higher than advertised. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. What separates eBay from other sellers is our strong partnerships with other brands. This was a listing from a user with no feedback, selling an expensive sweater from The Elder Statesman, and only using stock photos from the brands own website. plus any PayPal fees. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. Something went wrong. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. For our community of sneakerheads, eliminating selling fees allows them to turn their sneakers into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere, said Jeff Chan, head of mens footwear and apparel at eBay. When you create listings or sell items on an international eBay site, eBay may convert your funds to a different currency in order to collect amounts owed by you to eBay, or to payout funds due to you. Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. GOAT is an online only sneaker site that sells both new and lightly used sneakers. The 100 Greatest TV Shows of All Time Growing the Grailed community to foster a . Then why this "Partner" is charging us? Here is a listing we came across when it was first listed. For anyone who has sold clothes through a reseller, selling fees are a natural part of the process, with platforms taking a percentage of a sale, a flat fee or a tiered fee based on a sellers frequency of selling. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Of course there would also be the operation cost of investigating the case themselves. Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. 2 4 4 comments Best Add a Comment We have helped over 300,000 people with their problems. If you have already completed the transaction, you can contact customer service and request the fee be refunded. Thanks in advance. Enter the tax percentage you are charged. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. Cons Consensus: While convenient from a buyers perspective, like other consigners the steep 20 percent fee structure and lack of seller tools make Stadium Goods less than ideal. For more information, please see our The first thing you should know is that Grailed does not personally inspect any items. While initially focused on only sneakers, Stadium Goods recently entered the streetwear game as well, and now offers Supreme, Palace and even Travis Scott Astroworld merch. That said, our team of round the clock moderators and community team are constantly working to ensure that items are received in a timely manner. The delivery address for the item (entered by the buyer during checkout) is outside the US, The buyer's registered address is outside the US (regardless of the delivery address for the item), If you use supplemental services, such as buying and printing, Sellers may be invoiced for fees under certain circumstances, The fees on this page apply to listings on eBay.com. From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. Both platforms allow people to buy and sell high-demand items such as streetwear and sneakers, but they differ in user interface, audience, commission rates, and fees, to name a few. How it was possibly authenticated is beyond comprehension. For vehicles, see our Motors fees. The platforms massive database of products make it convenient for sellers to easily list their goods without adding item specifics (such as fabrics and materials, weight, etc.). If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . How to Get Your Grailed Fees Waived Effortlessly. Commission and selling fees: Three percent processing fee plus a transaction fee of eight to nine-and-a-half percent, depending on the items final sale price. I says to find it in orders/ebay and it's not there, not hing i can find and any questions regarding this Partner fee directs me to this answer. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. Flight Club operates under a traditional consignment model. The online marketplace exclusively for high-end men's designer clothes is Grailed. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. A Reseller's Guide to Marketplace Fees - Blog.vendoo.co The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. If there is a good reason for the request, you may be able to get a refund. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. StockX is less straightforward than competitors. eBay is an online marketplace where users buy and sell products. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. Grailed is currently made up of four marketplaces. While we are adding product categories everyday, the majority of products are spread across multiple listings rather than all located under one landing page. Note: If your account isn't meeting our minimum seller performance standards and you're rated Very High in your rate of 'Item not as described' return requests, you'll only be charged the additional final value fee for not meeting our minimum seller performance standards. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Now available on Google Chrome Web Store. Do not waste your time searching for solutions when DoNotPay has you covered without all the work. If you want to sell on Grailed, there is a 9% seller's fee. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. Submit your case! However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. But like the others, those interested in buying and selling may find the platform limiting. If your registered address is in the US, we charge an International fee if either: This fee is calculated as 1.65% of the total amount of the sale and is automatically deducted from your sales. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. We have come across some oddities which are cause for concern. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. Also, as a true marketplace, sneakers are often mislabeled, however our product team is rolling out a slew of new features including auto-fill sell forms and product pages to minimize the issue. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. We may, in our sole discretion and without consent from or payment to sellers, display third-party advertisements (including links and references thereto) and listings from other sellers on any eBay page, Depending on the tax legislation of your country of residency, local Value Added Tax (VAT), Goods and Services Tax (GST) or similar consumption tax might apply in addition to your eBay fees. We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. If you're being charged a partner fee in addition to our fee, then you would need to review the terms and services of what website you use to promote your non-profit organization. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." It feels like i am going in a circle. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. As such, it is important that collectors and sellers maintain products in deadstock condition so that theyre able to realize these long-term value gains., If youre reselling hypebeast-beloved streetwear and athletic brands such as Supreme, Jordan, and Yeezy as well as in-demand collaborations with musicians like Travis Scott and Justin Bieber, Cutler says that inventory will typically see high demand and will appreciate over time. The fee is around 2.9% domestic and around 4.4% international. Hm. The platform announced the change less than 24 hours before it was implemented. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. For listing highly anticipated new releases. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. How can i find who is taking this money out of my account. Tip The majority of products on our marketplace trade for more than their retail price, and the size of their price premium that is, the difference between resale and retail price tends to be a good measure of demand. As Flight Club is a true consignor, you are only paid once your sneakers sell. It will have seven more mystery drops daily starting on Thursday. Sneaker prices vary by size, with the lowest price available for any given size listed first, with more expensive options for those who want sneakers as quickly as possible. The total amount of the sale is $10,070 (includes 6% sales tax). There is even a petition on Change.org to reduce the fee to 7.5%. Pay, shop, and do even more on the PayPal app. Pick Up Some of These Gloves First, Tired of Standing? If you offer 1-day or international shipping as well as a cheaper or free option (like domestic shipping), the total amount of the sale is calculated based on the cheapest domestic option you offer. Thats right, Grailed. Cookie Notice If a seller has 10 pairs or less, they can simply walk into the Canal street store front and drop them off to start sellinganyone with more than 10 pairs must make an appointment. The $0.30 per order is not charged. . If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. Cons We charge an insertion fee and applicable optional listing upgrade fees when you list your item for the first time, and each time it renews. Listing items is not for the faint of heart. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. Links to our international fees pages: Australia - opens in new window or tab | United Kingdom - opens in new window or tab | Canada - opens in new window or tab | Germany - opens in new window or tab | Spain - opens in new window or tab | France - opens in new window or tab | Italy - opens in new window or tab | Ireland - opens in new window or tab | Belgium (Dutch) - opens in new window or tab | Belgium (French) - opens in new window or tab | Austria - opens in new window or tab | Switzerland - opens in new window or tab | Netherlands - opens in new window or tab | Poland - opens in new window or tab | Greater China region - opens in new window or tab | All other countries - opens in new window or tab. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Grailed takes a commission when your items sell. Is the Grailed Authentication process good? EDIT: To clarify, I'm only selling new, unused products. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. For Sneakers over $100 in value, the fee is 8%. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. I do best on Ebay. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. There are a number of options to purchase, including a buy now feature or an ask, a binding contract akin to Grailed's "offer" system. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. For anyone not in the New York area, Stadium Goods requires you to set up a seller profile and communicate online with its internal sales team, creating a bar to entry. Fees correlate directly with your seller score, with the lowest possible fees (9.5 percent) awarded to sellers with a score of 90 or above. 13.25% if total amount of the sale is less than $150. Grailed takes a commission when your items sell. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." Be sure to also check out any relevant payment processing fees that may apply to your transaction. PayPal fees are then added to that. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. Unfortunate. Copyright 1995-2023 eBay Inc. All Rights Reserved. I hope this helps and thank you for joining the Community! Pros But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. 2013. Commission and fees:Grailed takes a commission fee of nine percent, and sellers are also charged a PayPal payment processing fee of 2.9 percent plus 30 cents for domestic transaction and 4.4 percent plus 30 cents for international transactions. Grailed - Paypal The item sells immediately for the Buy It Now price of $400. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. Lets start with the obvious, that 9% fee. At the end of 2019 Ebay eliminated final value fees for items sold for over $100 in the Athletic Shoes category; Yes, that means 0% fee for sneakers that you sell for over $100! Those below pay on a sliding scale, with the highest fees reaching 20 percent. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. All Rights reserved. At the end of 2019 Ebay eliminated final value fees for items sold for over $100 in the Athletic Shoes category; Yes, that means 0% fee for sneakers that you sell for over $100! Fees: Grailed takes 6 percent as a commission. First, potential sellers must apply in order to list items on the website. If you want to sell on Grailed, there is a 9% seller's fee. All rights reserved. Cons Pros The seller has subsequently added some real photos, but the listing was posted and remained authenticated for two weeks while it only had the stock photos. I wonder how these made it through the filter if every item is reviewed? Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. To attract the attention of more buyers, you add the Bold listing upgrade. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. Seller fees. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. In order to sell, a user must fill out a sell form by finding the product and listing it on the website. E-bay will pull their fees when they invoice me at the end of the month. DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. It was raised on August 12th, 2020 from 6%. I am scared to list half my inventory because of scammers and eBay's policies. . If your category is not listed this means no additional deduction is given. eBay offers competitive selling fees. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. © 2023 Copyright Finalfees. Do you have an eBay Store or want to sell vehicles? You make $343.17, or approximately 86% of the sale price, not including shipping costs. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. We charge two main types of selling fees: an insertion fee when you create a listing, and a final value fee when your item sells. When the item sells on eBay.de, eBay will calculate your payout amount by converting the sales proceeds from EUR to USD using the transaction exchange rate applicable at the time of the sale. After you've used your zero insertion fee allowance, insertion fees are: Good 'Til Cancelled listings are fixed price listings that renew automatically once per calendar month. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. Partner Fees?! : r/Grailed - Reddit While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. Ebay | Grailed Consensus: While an iconic destination, Flight Club is predominantly a retail experience. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. If there is a way to save time and money, the chances are good that DoNotPay has a product that can handle things for you. So it is still worth using Grailed? My currency is set to sek both on website and on paypal. In an attempt to explain the increase, Grailed stated that they have been spending a lot of money on authenticating items, and that they will be investing further in improving the site for sellers. In this situation, the total amount of the sale is determined as follows: Additional final value fees may apply on sales in the following circumstances: Any additional final value fees will be calculated as a percentage of the total amount of the sale. For sellers, GOAT is not an ideal website. Find high-quality men's and women's streetwear & designer pieces from the brands you love at Grailed, the community marketplace for men's and women's clothing .